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Like yesterday, the IRS is today again releasing some of the older refunds that had been delayed due to the nationwide computer problems at the IRS. Prior to today, up to 40% – 50% of the refunds for taxpayers who filed between 2/2 and 2/4 still had not been released by the IRS due to this nationwide IRS problem. For many of these taxpayers, the IRS “Where’s My Refund” had not been displaying any information at all. This problem at the IRS was incorrectly leading these taxpayers to think that their tax return was not filed even though it was actually filed. By early this morning, the IRS appears to have corrected this problem with its “Where’s My Refund” service. The warning message by the IRS to taxpayers that “Where’s My Refund” was not working properly no longer appears on the IRS web site.
This problem was a nationwide problem at the IRS that effected all tax preparers across the country, delaying millions of refunds nationwide. Indications are that the IRS will soon release most of the refunds that it previously delayed due to its nationwide computer problem. We now expect most of these affected refunds to be released by the IRS in the next two days.
February 22, 2012 – Updated Information on Nationwide IRS Refund Delay
Today, the IRS released some of the older refunds that had been delayed due to the nationwide computer problems at the IRS. While the IRS has made some progress in releasing the affected refunds, up to 40% – 50% of the refunds for taxpayers who filed between 2/2 and 2/4 still have not been released by the IRS due to this nationwide IRS problem. For many of these taxpayers, the IRS “Where’s My Refund” had not been displaying any information at all. This problem at the IRS was incorrectly leading these taxpayers to think that their tax return was not filed even though it was actually filed. The IRS continues to make progress in fixing this problem and appears to be slowly releasing these older refunds. Tomorrow and again on Friday, we expect the IRS to release another batch of these older refunds that had been affected by this nationwide IRS problem. The IRS Refund Hotline is: 800-829-1040 and 800-829-1954
As of today, looking at statistics of tax returns filed, here are some statistics:
– for returns filed on 2/01, approximately 7% have not yet been released by the IRS.
– for returns filed on 2/02, approximately 40% have not yet been released by the IRS.
– for returns filed on 2/03, approximately 50% have not yet been released by the IRS.
– for returns filed on 2/04, approximately 50% have not yet been released by the IRS.
– for returns filed on 2/05, approximately 25% have not yet been released by the IRS.
– for returns filed on 2/06, approximately 10% have not yet been released by the IRS.
– for returns filed on 2/07, approximately 10% have not yet been released by the IRS.
– for returns filed on 2/08, approximately 10% have not yet been released by the IRS.
– for returns filed on 2/09, approximately 20% have not yet been released by the IRS.
– for returns filed on 2/10, approximately 25% have not yet been released by the IRS.
– for returns filed on 2/11, approximately 25% have not yet been released by the IRS.
– for returns filed on 2/12, approximately 25% have not yet been released by the IRS.
– for returns filed on 2/13, approximately 25% have not yet been released by the IRS.
– for returns filed on 2/14, approximately 50% have not yet been released by the IRS.
– for returns filed on 2/15, the IRS has released only a small number of refunds
